B.M.T.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the B.M.T. (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 141850District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 420 leases and 420 wells, and the rule below applies to all of them.

Discovered
1998-10-21
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111992-09-24125779
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition620 bbl$31,095
GasProduction1,921,558 Mcf$4,037,245
Total$4,068,340

922,046 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.3782, -99.2044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.37824, -99.20436 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,000 ft.

Completions filed
Jun 1992
1 of 1 wells

1 well

42-479354373311,000 ftJun 1992

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 202652,185106.413.05$7,187
Apr 2026102,21698.932.87$7,349
Mar 202672,43489.753.15$8,294
Feb 202652,54263.503.75$9,851
Jan 202652,93559.138.00$23,770
Dec 202523,55156.664.41$15,785
Nov 202581,89458.593.93$7,905
Oct 202551,92359.383.30$6,652
Sep 202582,16562.743.08$7,163
Aug 2025153,57063.933.01$11,722
Jul 202539,96666.743.32$33,240
Jun 2025038666.483.13$1,208
May 2025145060.553.23$1,515
Apr 2025137662.363.54$1,395
Mar 2025137467.704.27$1,664
Feb 2025139870.884.34$1,799
Jan 2025136274.324.28$1,623
Dec 2024144468.993.12$1,455
Nov 2024139869.052.20$944
Oct 2024144671.372.28$1,089
Sep 2024140369.612.36$1,022
Aug 2024145875.632.06$1,021
Jul 2024148579.932.15$1,121
Jun 2024148278.082.63$1,348
May 2024043778.812.20$961
Apr 2024138084.451.66$715
Mar 2024047780.301.55$737
Feb 2024140176.091.78$791
Jan 2024045673.023.30$1,504
Dec 2023146071.262.61$1,272
Nov 2023043977.892.81$1,233
Oct 2023247785.443.09$1,644
Sep 2023047689.042.74$1,302
Aug 2023047480.522.67$1,267
Jul 2023144574.852.64$1,250
Jun 2023049068.962.26$1,107
May 2023257770.622.23$1,426
Apr 2023257178.122.24$1,434
Mar 2023357772.852.39$1,599
Feb 2023271275.112.47$1,906
Jan 2023383176.533.39$3,045
Dec 2022398276.415.73$5,855
Nov 202241,27085.005.65$7,511
Oct 202251,01787.185.86$6,399
Sep 2022175284.888.16$6,224
Aug 202231,33394.529.13$12,450
Jul 202251,068101.587.54$8,563
Jun 202231,342115.097.98$11,051
May 202231,731109.378.43$14,926
Apr 20223780104.226.84$5,646
Mar 20223813108.885.08$4,454
Feb 2022389491.054.86$4,617
Jan 2022399581.844.54$4,761
Dec 202151,62671.323.90$6,697
Nov 202131,19877.435.24$6,506
Oct 202161,55879.795.71$9,381
Sep 202131,38269.865.35$7,605
Aug 202141,69966.024.22$7,435
Jul 202141,34370.783.98$5,631
Jun 202121,20969.493.38$4,226
May 202151,35363.483.02$4,400
Apr 202151,62260.362.76$4,776
Mar 202161,46561.302.72$4,348
Feb 202141,23457.805.55$7,077
Jan 202151,61250.412.81$4,782
Dec 202042,32244.642.68$6,391
Nov 202062,32938.772.71$6,536
Oct 202051,30936.972.48$3,429
Sep 202031,24837.091.99$2,596
Aug 202022,20139.982.39$5,330
Jul 202061,64338.371.83$3,229
Jun 202051,79834.901.69$3,214
May 202001,61316.921.81$2,927
Apr 202061,73014.751.80$3,210
Mar 202041,54530.341.86$2,989
Feb 202041,86249.881.98$3,888
Jan 202061,73457.252.09$3,976
Dec 201961,95359.012.30$4,854
Nov 201961,74955.302.75$5,143
Oct 201972,56453.472.42$6,575
Sep 201972,99555.052.66$8,344
Aug 2019253353.112.30$1,334
Jul 2019135856.272.46$937
Jun 2019137152.782.49$977
May 2019140258.482.74$1,160
Apr 2019138762.632.75$1,127
Mar 2019137556.803.06$1,205
Feb 2019130950.852.79$914
Jan 2019134546.033.23$1,160
Dec 2018146546.594.19$1,993
Nov 2018247252.934.24$2,106
Oct 2018395761.443.40$3,436
Sep 2018386959.543.11$2,879
Aug 201821,11459.403.07$3,535
Jul 2018387265.142.93$2,752
Jun 2018291360.183.08$2,930
May 2018488465.382.90$2,826
Apr 201881,81063.842.90$5,761
Mar 201841,70961.222.79$5,008
Feb 201871,59561.782.77$4,844
Jan 201861,74762.874.01$7,382
Dec 201772,31657.272.92$7,167
Nov 2017022855.423.12$711
Oct 2017144949.292.98$1,389
Sep 2017145847.523.09$1,461
Aug 201721,30145.373.00$3,999
Jul 201711,08843.873.09$3,403
Jun 201702,02442.493.09$6,249
May 201702,05145.373.26$6,693
Apr 201701,78347.933.21$5,726
Mar 201702,15646.772.98$6,433
Feb 201702,18850.452.95$6,460
Jan 201702,60949.413.42$8,920
Dec 201601,46148.763.72$5,439
Nov 201601,73442.492.64$4,585
Oct 201602,53046.193.09$7,818
Sep 201601,99541.553.10$6,186
Aug 201602,01541.442.92$5,893
Jul 201602,23441.622.92$6,533
Jun 201602,00545.352.69$5,385
May 201602,73142.521.99$5,438
Apr 201602,76136.561.99$5,497
Mar 201602,99433.011.79$5,371
Feb 201603,83026.472.06$7,904
Jan 201605,08727.352.36$12,028
Dec 201501,18332.362.00$2,368
Nov 201501,30138.792.17$2,820
Oct 201502,09843.552.43$5,091
Sep 201501,52742.992.76$4,212
Aug 201502,98640.162.87$8,577
Jul 201502,16948.152.95$6,388
Jun 201502,92656.152.88$8,435
May 201501,02055.212.96$3,015
Apr 201501,15049.822.71$3,113
Mar 201501,84542.892.93$5,415
Feb 201501,50944.662.98$4,491
Jan 201503,27443.433.10$10,151
Dec 201403,70854.693.59$13,317
Nov 201405,99170.464.25$25,473
Oct 201401,29378.303.90$5,044
Sep 201402,08786.164.05$8,443
Aug 201403,15489.394.04$12,727
Jul 201401,55596.564.18$6,499
Jun 2014072098.164.74$3,411
May 201402,15894.734.73$10,200
Apr 201401,29395.944.81$6,218
Mar 201401,36295.895.06$6,887
Feb 201401,65397.406.19$10,235
Jan 201402,91290.404.86$14,154
Dec 201304,75491.824.35$20,701
Nov 20130088.853.74$0
Oct 201302797.423.78$102
Sep 201301,916104.113.72$7,123
Aug 201302,315104.253.52$8,155
Jul 201302,299102.523.72$8,547
Jun 201301,71194.403.93$6,730
May 201301,51494.834.15$6,282
Apr 2013078693.964.28$3,366
Mar 201301,43693.623.91$5,619
Feb 201302,62491.233.42$8,974
Jan 201302,48291.603.42$8,488
Dec 201201,97686.773.42$6,758
Nov 201202,54786.953.62$9,233
Oct 201202,94289.383.40$10,002
Sep 201202,88294.672.92$8,411
Aug 201203,20192.662.91$9,309
Jul 201202,83885.133.02$8,573
Jun 201202,38079.822.52$5,995
May 201203,19991.612.49$7,960
Apr 201202,646101.652.00$5,284
Mar 201203,881105.052.22$8,624
Feb 201204,282101.102.57$11,006
Jan 201205,21798.092.73$14,264
Dec 201106,39796.873.24$20,725
Nov 2011010,40795.723.31$34,460
Oct 2011013,48284.983.65$49,190
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200901,42071.445.48$7,787
Nov 200901,57574.593.75$5,909
Oct 200903,33172.544.11$13,691
Sep 200907,48565.543.06$22,940
Aug 200902,81267.423.22$9,050
Jul 200904,02761.133.46$13,952
Jun 200901,24466.163.90$4,845
May 200901,46554.743.93$5,751
Apr 200902,48146.773.59$8,901
Mar 200903,78642.144.06$15,367
Feb 2009080732.814.63$3,739
Jan 200901,58435.865.37$8,508
Dec 200803,03237.105.98$18,123
Nov 200803,07755.496.86$21,109
Oct 200803,11275.246.92$21,541
Sep 200802,319101.767.88$18,267
Aug 200802,387114.228.48$20,249
Jul 200802,601131.0811.39$29,624
Jun 200803,445131.3313.03$44,897
May 200801,734123.1711.57$20,070
Apr 200801,264110.3110.45$13,215
Mar 200802,907101.909.66$28,093
Feb 200804,56292.538.77$40,011
Jan 200802,27690.388.21$18,676
Dec 200701,25088.337.30$9,127
Nov 200704,92891.677.29$35,934
Oct 200703,27282.856.92$22,649
Sep 200703,24075.846.24$20,231
Aug 200703,39769.066.39$21,700
Jul 200707,54670.906.39$48,203
Jun 2007480462.007.55$6,317
May 2007228958.747.85$2,385
Apr 2007193,32959.617.81$27,116
Mar 2007213,15456.927.30$24,226
Feb 2007304,57955.108.22$39,274
Jan 200704,41650.306.73$29,706
Dec 200605,33656.656.92$36,917
Nov 200605,11654.207.62$38,971
Oct 200601,96454.906.01$11,811
Sep 200602,41660.085.04$12,170
Aug 200604,03968.717.34$29,646
Jul 200602,96669.376.34$18,813
Jun 200602,90666.286.38$18,552
May 200602,88566.016.42$18,536
Apr 200602,82064.397.36$20,757
Mar 200603,11456.707.08$22,056
Feb 200602,30557.597.75$17,866
Jan 200602,56460.598.93$22,905
Dec 200502,89054.9413.42$38,771
Nov 200502,77254.6910.59$29,351
Oct 200508,63358.3413.80$119,099
Sep 2005043961.4512.08$5,303
Aug 2005030861.519.80$3,017
Jul 2005041255.697.84$3,232
Jun 2005048952.337.38$3,609
May 200502045.226.65$133
Apr 2005030549.207.36$2,245
Mar 2005028350.377.15$2,025
Feb 200501,62345.226.31$10,244
Jan 200504,39643.166.32$27,792
Dec 200407,98439.866.75$53,901
Nov 200408,94845.286.33$56,645
Oct 200407,88949.706.52$51,398
Sep 200405,78643.245.28$30,573
Aug 200408,64042.375.55$47,958
Jul 20040038.286.08$0
Jun 20041036.106.43$36
May 2004324,13037.486.49$28,022
Apr 20040034.475.86$0
Mar 200423234.365.53$246
Feb 2004454,85932.455.51$28,231
Jan 20040032.036.30$0
Dec 20030130.266.30$6
Nov 2003040628.804.60$1,866
Oct 200301,85828.174.76$8,843
Sep 200302,81026.314.75$13,346
Aug 20030229.765.13$10
Jul 200303,84629.415.17$19,887
Jun 200304,82328.565.98$28,856
May 200303,42126.595.97$20,433
Apr 200304,47326.675.41$24,187
Mar 200301,63931.146.10$9,991
Feb 200303,34733.487.93$26,528
Jan 2003049130.315.58$2,741
Dec 2002085826.914.85$4,165
Nov 200204,21124.664.14$17,421
Oct 200203,39926.464.23$14,375
Sep 200203,25127.443.64$11,818
Aug 200202,33825.963.16$7,398
Jul 200201,96224.583.06$6,007
Jun 200202,48823.733.34$8,306
May 200203,43724.663.58$12,318
Apr 200203,84223.653.51$13,494
Mar 200203,69822.003.10$11,474
Feb 200204,44118.222.38$10,550
Jan 200203,64817.172.38$8,666
Dec 200103,69216.932.36$8,729
Nov 200105,73618.072.41$13,798
Oct 200105,97719.782.53$15,115
Sep 200105,89524.262.25$13,272
Aug 200102,64424.873.05$8,073
Jul 200104,48523.933.20$14,339
Jun 200104,67624.563.82$17,882
May 200104,28925.524.31$18,474
Apr 200104,98024.685.34$26,570
Mar 200105,80824.545.38$31,226
Feb 200105,09927.755.77$29,406
Jan 200104,55527.478.40$38,256
Dec 200003,49826.889.12$31,911
Nov 200006,83532.215.66$38,672
Oct 200007,54731.235.15$38,833
Sep 200006,35831.875.19$32,976
Aug 200005,71329.644.54$25,941
Jul 200005,34428.534.09$21,856
Jun 200007,44629.304.40$32,742
May 200009,68527.263.68$35,638
Apr 200006,62124.513.12$20,631
Mar 200005,25628.422.86$15,031
Feb 200001,15727.622.73$3,155
Jan 200003,05025.272.48$7,566
Dec 199907,42524.282.42$17,996
Nov 1999010,81823.192.43$26,331
Oct 199901,73820.982.80$4,873
Sep 199901,53321.752.62$4,015
Aug 199906,31419.262.88$18,157
Jul 199901,44817.892.37$3,435
Jun 199901,48715.942.36$3,512
May 199905,28815.792.32$12,274
Apr 199902,91815.102.21$6,443
Mar 199903,28712.471.84$6,043
Feb 199904,6159.981.82$8,389
Jan 199904,15610.381.90$7,896
Dec 199806,0959.201.77$10,808
Nov 199806,77710.892.19$14,813
Oct 199809,78512.421.97$19,269
Sep 1998010,85412.592.08$22,605
Aug 1998011,40711.301.91$21,757
Jul 199806,98411.742.24$15,625
Jun 199809,30611.242.24$20,820
May 199808,47012.622.21$18,688
Apr 199808,66213.042.51$21,701
Mar 199805,72812.802.31$13,228
Feb 199805,61313.952.30$12,905
Jan 199806,27814.702.15$13,528
Dec 199705,16216.322.41$12,446
Nov 199704,65318.193.09$14,370
Oct 199709,63819.253.15$30,358
Sep 1997011,17317.742.95$33,015
Aug 1997015,15217.862.55$38,709
Jul 1997015,60117.582.25$35,055
Jun 1997010,29417.242.26$23,236
May 199716,87618.972.31$15,892
Apr 1997114,49017.882.08$30,197
Mar 1997320,22618.951.94$39,278
Feb 199708,83920.492.21$19,498
Jan 199707,25423.483.54$25,677
Dec 199605,81723.32$0
Nov 199607,02321.97$0
Oct 199607,66123.31$0
Sep 199615,67922.22$22
Aug 1996113,14120.26$20
Jul 199618,11519.55$20
Jun 199619,85118.73$19
May 1996115,96219.43$19
Apr 199619,51621.51$22
Mar 199628,53719.38$39
Feb 1996310,34416.98$51
Jan 199613,94017.07$17
Dec 1995011,43517.19$0
Nov 199518,88716.00$16
Oct 1995314,30715.43$46
Sep 1995115,13416.18$16
Aug 1995112,15315.92$16
Jul 1995115,28715.24$15
Jun 1995115,99116.41$16
May 1995115,84217.56$18
Apr 1995115,01617.73$18
Mar 1995118,02516.44$16
Feb 1995217,47816.58$33
Jan 1995921,45815.92$143
Dec 1994119,30415.03$15
Nov 1994122,93015.90$16
Oct 19946822,29215.58$1,059
Sep 1994119,61115.29$15
Aug 1994122,19816.13$16
Jul 1994129,78317.56$18
Jun 199402,58817.09$0
May 1994110,62515.88$16
Apr 1994115,08414.14$14
Mar 1994221,05612.46$25
Feb 1994220,93012.50$25
Jan 1994118,37512.66$13
Dec 1993324,38012.33$37
Nov 1993026,87714.49$0
Oct 1993027,14515.85$0
Sep 1993027,81015.03$0
Aug 1993530,73615.66$78
Jul 1993032,35815.46$0
Jun 1993035,54716.79$0
May 1993039,40217.68$0
Apr 1993042,42618.05$0
Mar 1993034,91118.14$0
Feb 1993035,37917.90$0
Jan 1993053,70016.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             5 bbl  × $106.41 =       $532
Gas                2,185 Mcf  × $  3.05 =     $6,655

────────────────────────────────────────────────────
Month total                                   $7,187

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/141850 is the state's own key, not one this site invented.